HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
104 units
Unit mix
104 × Residential
Towers
1
Floors
4
Land area
5,543 sq m
Built-up area
12,853 sq m
FAR sanctioned
2.32
Covered area
3,254 sq m
Open area
2,289 sq m
Land parcels
2 survey nos

Timeline

Project startedMay 2022
RERA registeredMar 2023
Proposed completionJul 2025
TodayJul 2026

Find your flat

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

104 units across 1 batch
TypeArea sq mCount
Residential113104

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Karnataka · Promoter registration

AXIS INC

Partnership FirmPromoter type
BallariBased in
1Projects
1City
2023–2025Active
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Hospet
District
Vijayanagara
Pincode
583201
Address
SY NO. 465C1A AND 465B1B2, , Next to MSPL office, 30th ward, Dam Road, , Hospet , Vijayanagara, Karnataka - 583201
North boundary
15°2638504'76.3699437"N
East boundary
15°2638504'76.3699437"E
South boundary
15°2619232'76.3699976"W
West boundary
15°2638483'76.3697601"W
What’s nearby
SchoolsNearest school 1.6km away
HealthcareHospital 1.0km away
LifestylePark 1.6km away · 3 restaurants and cafes within 1km · Swimming pool within 2km
ShoppingSupermarket 2.0km away · Mall 891m away · Bank 611m away
Getting around
Expressway 1.1 kmPrimary road 716 mRailway line 985 m · Harihara Hosapete RailwayRailway station 1.7km away (Tunga Bhadra Dam)Limited bus connectivity nearby
Water & environment
Canal 275 mWater body 2.8 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
MortgageNone declared on the project / land
As declared by the promoter at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price

₹54.04 Cr declared to build 104 flats. What that works out to:

₹51.96 Lakhdeclared cost per flatall-in — land + construction
₹3,906/sq ftof built-up area₹42,041/sq m
10%of the cost is land₹922/sq ft of land

This is what the promoter filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

04

Planning authority

RERA Karnataka · Approved building plan

Hospete Urban Development Authority

Urban Development Authority
approved 4 May 2022 · 4 yrs ago
Building Permit no. HPT-LBPAS-12156/21-22/BPSurvey no. 465c1a

The promised possession date (31 Jul 2025) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

The occupancy certificate — the proof that isn’t here

A sanctioned plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the sanctioned plan carries penalty or demolition risk.

Verify it yourself — look up plan HPT-LBPAS-12156/21-22/BP on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Hospete Urban Development Authority

Urban Development Authority

Has approved 64 RERA projects0.7% of Karnataka.

a plotted-layout market9% apartments · 91% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
59
On record
379 flats · 2,474 plots
Reach
3 taluks
Since
2019

More layout-heavy than Karnataka overall — 91% plots here vs 38% statewide.

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

Complaints register

None on record with RERA Karnataka against this project.

Only disputes escalated to the authority appear on the register — a private disagreement never filed here would not. A count from the public record, not a verdict.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.